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OBR Apologizes for Premature Budget Leak Ahead of Reeves' Speech

11/26/2025

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Story summary
  • On November 26, 2025, the Office for Budget Responsibility apologized for prematurely releasing details of Finance Minister Rachel Reeves's budget, disrupting her planned address to Parliament.
  • Lawmakers, including Conservative leader Kemi Badenoch, called the release chaotic.
  • Reeves is expected to announce tax increases due to a downgrade in Britain's economic outlook and rising debt costs.
  • The OBR has opened an investigation into the early release.